Hester Peirce Not Pleased With SEC Crypto Regulatory Efforts

The Securities and Exchange Commission (SEC) announced on Thursday that enforcement action against cryptocurrency exchange operator Kraken will result in a $30 million enforcement action and the company discontinuing staking. “Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries, when offering investment contracts in exchange for investors’ tokens, need to provide the proper disclosures [...] The post Hester Peirce Not Pleased With SEC Crypto Regulatory Efforts appeared first on ETF Trends .